Archive for July, 2008
Saturday, July 26th, 2008
From Barrons:
THE STOCK MARKET HAS FOUND A BOTTOM -- but not the bottom. So enjoy this rebound while it lasts, because it looks like a bear-market rally.
Reasons to expect further gains include the intensity of buying seen over the past week in the most beaten-down sectors -- banks, brokers, mortgages ...
Posted in Equities, General Commentary, Indices | No Comments »
Monday, July 7th, 2008
From Yves Smith over at Naked Capitalism:
"Since I seldom am the bearer of upbeat news, I thought I'd pass along the cheery forecast from market strategists at Lehman and Deutsche Bank, namely, that the Standard & Poor's 500 index will have its best six months since the second half on ...
Posted in Equities, General Commentary, Indices | No Comments »
Thursday, July 3rd, 2008
Where to begin... The SPY Iron Condor was put out this month will a slightly bullish bias as it is our opinion that we are due for a bit of a correction to the upside. We have oversold readings across the broad markets and a classic triple bottom setup. Now, ...
Posted in Equities, General Commentary | No Comments »